Are there limits on how much I can send from Mongolia to Turkey?
Yes, most providers have limits on international transfers from Mongolia to Turkey. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Mongolia to Turkey may require identity verification or proof of source of funds.
Is it safe to send money from Mongolia to Turkey through online services?
Yes, it is generally safe to send money online from Mongolia to Turkey using trusted international platforms. Look for services with encryption, customer support, and regulatory licenses in both Mongolia and Turkey to ensure your transfer is secure.
How to calculate taxes on foreign payments?
If for some reason the bank's rate on that day was higher than the Central Bank's rate (the rarest
case), the "service" received is also taxed. It is easier to follow this point than to deal with
additional calculations.
What fees does Wise (TransferWise) charge for transferring money to Turkey?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
